resistance at 350: can you show me that: sorry to be so slow
Silent: the weekly HUI macd is crossing up this week. it has been a pretty good LT signal...
I'm simply selling resistance here (no shorts). Count the number of times this has been a good strategy in the last year.
I grant you that the metals may grind higher. But the HUI and XAU will get bogged down once again at these levels.
cheers,
john